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Luis Alfonso
Mr. Luis Alfonsto R. L. is 55 years old and lives with his wife at Los Rios district in the town of Ticuantepe, Nicaragua. His wife works selling pork meat to help with the household expenses. They have five children, two of them are on their own and the three others are currently students. The family wishes to improve their life conditions.
Mr. Luis has been a farm worker since he was 22, and plans to reforest and work on his land for soil conservation.
He plans on buying fertilizers and improve the seeding, in order to sell his food for a better price in the market.
View original language description ↓
El señor Luís Alfonso R. López , tiene la edad de 55 años , habita en el barrio Los Ríos , ubicado en el municipio de Ticuantepe , junto a su esposa la cual trabaja como comerciante en la venta de carne de cerdo , para apoyarle con los gastos del hogar , ellos tiene cinco hijos , dos de ellos independiente y los tres estudiantes actualmente , los planes hacia su familia es mejorar las condiciones de vida , don Luís desde hace 22 años se dedica a los trabajos agrícolas, los planes futuros hacia su cultivo es reforestar y trabajar la tierra en conservación de suelo . Con el préstamo va a comprar fertilizante e insumos y poder mejorar siembra para poder vender a mejor precio en el mercado. Da las gracias a la institución por los préstamo ya con este seria el noveno el cual ha logrado mejores resultados.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Nicaragua

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Luis Alfonso to buy fertilizers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 31, 2009
Listed
Sep 3, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010